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20121121
20121129
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. >> there's one federal policy change that said a second term obama administration might push which would be helpful. is there one that comes to my? >> personally, i would like to see, jim alluded to this in a way i hadn't heard before, you know, i'd like to see the conversation around gainful employment extend beyond the career and for-profit colleges to the entire sector. and making it shining a light on more of the outcomes there. and the second part of it is, give me the biggest challenge with the gainful employment regulations as they stand now, we have suggested our own counter mechanism, but not to go into that right now. i think the biggest problem with it is it's an all or nothing access to cash message. so you either clear of our and then have access to the federal loan dollars and so forth, from title iv, which allows you to grow, or you don't clear the bar and you gives you out completely. the challenge with that is the government has competing interests right now. on the one hand, you do want to extend access to lots of populations that haven't had a struggle access to higher
decade i see the debt run up under the bush administration is a comparable amount under the obama administration. this seems to me to be a legacy of an extraordinary amount of. [inaudible] and yet we have a lot of economic problems and now our sovereign debt is roughly around gdp and this is the point in which at least in europe, investors have begun questioning it so i am curious in what way future funding would be posed as a solution to problems that the past was not and how can it be financed? >> sorry, i don't buy the premise first of all. [applause] look, we had a stimulus bill, which was about $800 billion. that is a very small part of the debt we have and none of the results of an economic stimulus so where's this coming from? the rest of it is, we have a large amount of debt or a large amount of -- we ran a deficit even during the good years which people like myself don't think was a good idea. why? because we first wanted to give tax cuts to langsam individuals and have a couple of unfunded wars. that has nothing to do is pump grinding and then we had a collapse of revenu
administration, a roughly comparable amount under the obama administration. this 10 dribble seems seems to a leg say leg say -- and -- this is the point at which, at least in europe, investors have begun to question the capacity of the country to repay the debt. so i'm curious in what way future funding would be -- would be posted as a solution to problems that the pacifism past -- past pump fining was not and how can it be financed. >> i don't buy the premise, first of all. look, we had a stimulus bill which was about 800 billion. that a very small part of the debt we have. none of it was a result of the economic stimulus. so where is this coming from? the rest of it is we have large amount of debt that was -- a large opt -- we ran deficits even during good years, which even people like myself don't think is a good idea. why? because george bush wanted to give tax cuts to high income individuals and have a couple of unfunded wars. that has nothing to do with pump priming. the enwe had a collapse of revenue that took place after 2007, which is the result of a severe downturn and financial crisis
to the election every outlet came up with a short list of the cabinet for mitt romney come in for president obama. when you talk about setting up this agency council how do you guard against some sort of volatility in the national energy policy from the changing administration and the policies put in place by one administration carried over the success reforms. >> one person has to take the recommendations seriously and consider that this has merit as the president in the issues i had the the president gave significance and this could be very significant move by the administration is taken seriously by everybody in the government and that in itself was a tremendous incentive to coordination. >> there will also be volatility in a second term there will be changes that have been there for four years or ready to get out but also this isn't something that would be done instantaneously i don't think it would be done under our proposal until the end of the fourth quarter given times so that would be available to the administration i don't think it would be that big a problem although if you had the who
Search Results 0 to 3 of about 4